Smart ass accounts out there

Didn’t mention the following coz they like having you in a spin

Grayscale FTX holding were to be sold over 8 days at roughly 200 million USD a day until the 1.5 billion and who the fuck knows in funds were recovered

Day 8 was last night and that has now concluded, many accounts said this was over bit early

FTX bankruptcy is out the way unless Sam can find a way to Fukk everyone from the grave which wouldnt surprise me

It’s his culture, he can’t help it

Anyway #bitcoin turbo time

At 29 Billion $ USD in 24 hour volume last night in #bitcoin

So so many on the Grayscale 900million or so

At 29 billion just in 24 hour volume and other ETFs scooping up minimum 50% of Grayscale drop offs

Is everyone sure you’re not making Grayscale out to be a bigger deal than it is?

Grayscale in the 29 billion mix is barely a blip

DCA guys scoop 6-1000 coins a day as well

Yeahhhg kinda run it back turbo

Coz….. It’s over leveraged on short side for a change

All crowd fund donations will be bought using #bitcoin

As I use strike here in Australia they come with Bitrefill

Which makes shopping in #btc so easy here in AU u til merchants step up

So any donations to the 2 causes

1: Camera

2: Book

All will be bought on the #Lightningnetwork or even in part with Gift Cards on #bitcoin network

Thanks #nostr 😊

Crowd fund #2

Looking to Pre Order a book that I’ve been trying to secure for a year

$22.95

Rare Pagan book with important lifestyle implementation guides I’m trying to secure

Any donations in any amount just help the cause go faster

Thanks for time reading

Crowd Fund attempt:

Wanting to secure a Digital Camera for new YouTube channel and project

Including everything lifestyle and economic related plus all round Telegram, Insta etc whilst supporting #bitcoin

It’s around $699

If anyone want to donate to the cause as always much appreciated to get this up to speed…. Even 10 cents a donation all goes to the cause

Thanks in advance for taking the time to read

ETFs have now quickly amassed 100,000 + #bitcoin

While the market is selling on Grayscale, FTX and basic fear of tonight’s selling

But ETFs will buy more

Bitcoin has evolved

The market has not

BlackRock

39,925 #bitcoin

If 85% of the network aren’t selling

But price is so volatile

If we hold 100% of supply

I’m sure price will be just as volatile

BID ONLY

Still #bitcoin ing

Still DCA

$5 in

8000 #sats out of

I think sports players and sports teams should no longer represent countries

They should all be privatised and propagandised the way they want, earn their own money and keep away from country representation

Australian sport is now just an extended political arena, athletes speak against Australia Day whilst playing for Australia, vaccines, voice votes etc

Politicising sport isn’t what fans of the country go there for

It’s time to tell teams and athletes to compete in your own names and franchises and scout for fans within there own culture

Sport should no longer be a representation of country, it should be a political backed business used for propaganda and the athletes paid schill entertainers

BlackRock seems to be the favourite to watch and easy to track their #bitcoin

They update their site everyday so head on over and verify it yourself

BlackRock just updated their site

33,430.56 #bitcoin

Technically Monday trading will be a full 7 days

Grayscale should see FTX sales be done or near done as FTX has 470 million and change to sell by judges order

Hedge funds last week bought 105,000 #bitcoin

Probably take out Saylor by Wednesday….

But sure “we’re still early” 🙄

You’re always early before you’re to late and you’re never on time

#bitcoin

Trades 9.30 till 4.30 New York time….

Sad

But anywho….. Miners need 70k ish to break even by halving so

BlackRock know this…. I say a 100k daily candle on supply shock is this week

We are overdue

Consider Hashrate 30 day ATH at 500 EHs and ATH of 716 EHs

Price needs to match network growth

I’d suggest that FTX has now completed or close to complete its 450 million $ or so share sell off granted by the judge in November 2023 to sell to pay off creditors

Apart from minor sells in shares for people switching companies

I’d say their sell pressure open on Monday will be 90% less and the buying funds will take control

On chain price:

Main culprit for a depressed #bitcoin price is an exchange holder

Coins register the price and once it’s moved on chain, that price leads to Market Cap movement

Say you pay $50,000 for a #btc but leave it on the exchange, you have not moved the coin at $50k

That bitcoin that’s allocated to u may have last moved in 2010 where it’s on chain move was $0.20

So you’re holding bitcoin worth $0.20 on chain

Move it to a wallet or even another exchange at worst

The coin moves on chain at 50k

Most exchange holders leave their coin where it is and claim 1:1

That’s cool and all

But you are actually manipulating the #bitcoin price downward

You’re securing lower value coin

Holding it at last moved value

Not allowing price discovery

And ripping yourself off while the exchange laughs really hard at you

The simplest way for #bitcoin to ascend is for all the exchange held Bitcoin bought lower than current $42,000 USD

is to simply move it

Register the on chain price higher

Push market cap to find true value

Wallah

#bitcoin price finds its true value

No podcast on Earth will ever discuss this, pretty much for the reason is all Podcasters couldn’t answer this question as they don’t know them selves

#bitcoin was built simple made complicated by its users

I’m from a day where exchange holding didn’t exist

You had to put in your public address, buy on exchange then they’d action the transaction and send to your wallet ON CHAIN PRICE MOVE!

Corruption in exchanges as they make a lot of fees in fiat…. All exchanges bar say Bitaroo and 1 or 2 others are simply sellers of anything for Fiat

If you’re an exchange holder who bought coin for any price….. Self Custody fixes EVERYONES problems

Many look to the culprit in #bitcoin a lot, you don’t have to look far

It’s always been the users…. Was it FTX fault people didn’t self custody? A conman gotta con

You choose how your #btc is used

Don’t like what Grayscale is doing or Binance or FTX bankruptcy selling or even CZ?

Then self custody

💨 problems go away

If it’s on an exchange then anyone can do whatever they like

Please stop thinking just because it’s #bitcoin these people are to nice to do this

Scammer will scam with anything

A Bible

A loved one

A #bitcoin

The length it’s taking Bitcoiners to understand Bitcoin is an embarrassment

THE WEEK AHEAD

2024 as a business owner I have accepted Payment from #bitcoin since 2017

+

The talk of #sats and #bitcoin really has to stop and action need to be taken

+

If you’re a business owner that preaches Bitcoin all day but does not list Bitcoin as a payment method, probably time you sell your Bitcoin

+

Or list it as a payment method

+

The lack of retail options listing Bitcoin simply drives people away from Bitcoin and allows Institutions to take it all off the table

+

We have accepted over 1000 transactions in #btc since we started

+

If you’re not accepting it, then why should anyone else?

+

Podcasts and conferences peaked in 2021, there is nothing left to talk about in Bitcoin

+

But alas I’ve spoken of this for years and the lack of urgency simply makes retail #bitcoin less intensive

+

I can run my business through #nostr no dramas as well and I’ve taken payments through here for services…..

Comes a time where “Bitcoin is going to be” either becomes or is abandoned because it’s only a good idea in Theory

Hence why the retail market has stayed out of this Bull Run…. There is no excitement for them to enter

#bitcoin succes lays in the holders and how they promote it…. Podcasts turn people away if you haven’t noticed 2023 went overload on Pods and Buy volumes cratered….

Bitcoin is really complex

Buy

Hold

Spend a little

Hard isn’t it

Move forward

#bitcoin as a vitamin

U have been training then 👀

#BITCOIN BROFORCE

BLACKROCK - Now own 25,000 #bitcoin at a 1 billion $ inflow

At this pace (4 days)

They will overtake Microstrategy and the Grayscale within the month

#sat emergency 🚨

19,601,000 #bitcoin

$20,400,000 24 hr volume

1 million coin Satoshis

2 million lost

2 million in long holds

Liquid supply 14 million

On exchanges 1.3 million

ETFs 1 billion $ in swaps from Grayscale to Newborns

Halving: Ridiculous there is 14 million available

Price 💩?🤦‍♂️